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Whether you’re browsing this web site or on a scheduled visit to the Adventure facility at the Boston Fed, you'll learn about improvements in living standards and how these improvements have come about. Sometimes we use terms and concepts that may not be familiar to everyone, and there is a whole body of economic theory that explains the improvement in living standards. We offer here a primer on the theory, glossaries about economic growth and for the investment game that is part of a scheduled visit, information on the time value of money, and a link to a newsletter issue devoted exclusively to standard of living. |
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